BUZZ-Australia's Pepper Money set for best week in 5 months on Westpac RAMS portfolio buy

Reuters

11/07

BUZZ-Australia's <a href="https://laohu8.com/S/PPM.AU">Pepper Money</a> set for best week in 5 months on Westpac RAMS portfolio buy

** Shares of Pepper Money Limited PPM.AX up 11.2% so far this week, set for best week since early June

** Co extends gains from last week after it confirmed media reports of being part of a consortium buying Westpac's WBC.AX RAMS mortgage broking portfolio

** On November 3, Westpac agreed to sell RAMS portfolio to a consortium, including co, KKR KKR.AX and PIMCO

** Non-banking lender to acquire legal title to the loans and will be appointed as servicer of the portfolio

** Stock down as much as 1.2% to A$2.45 on the day

** YTD, shares surge 88.4%, including day's moves

(Reporting by Aamir Shaik Khalid in Bengaluru)

((aamir.sheikkhalid@thomsonreuters.com))

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and will be appointed as servicer of the portfolio</p><p>** Stock down as much as 1.2% to A$2.45 on the day</p><p>** YTD, shares surge 88.4%, including day's moves</p><p> (Reporting by Aamir Shaik Khalid in Bengaluru)</p><p> ((aamir.sheikkhalid@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Australia's Pepper Money set for best week in 5 months on Westpac RAMS portfolio buy</title>\n<style 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12:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-Australia's <a href=\"https://laohu8.com/S/PPM.AU\">Pepper Money</a> set for best week in 5 months on Westpac RAMS portfolio buy</title></head><body><p>** Shares of Pepper Money Limited <span>PPM.AX</span> up 11.2% so far this week, set for best week since early June </p><p>** Co extends gains from last week after it <span>confirmed</span> media reports of being part of a consortium <span>buying</span> Westpac's <span>WBC.AX</span> RAMS mortgage broking portfolio</p><p>** On November 3, Westpac <span>agreed to sell</span> RAMS portfolio to a consortium, including co, KKR <span>KKR.AX</span> and PIMCO</p><p>** Non-banking lender to acquire legal title to the loans and will be appointed as servicer of the portfolio</p><p>** Stock down as much as 1.2% to A$2.45 on the day</p><p>** YTD, shares surge 88.4%, including day's moves</p><p> (Reporting by Aamir Shaik Khalid in Bengaluru)</p><p> ((aamir.sheikkhalid@thomsonreuters.com))</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7511","symbol_name":"ESG概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251107:nL6N3WJ08J:1","article_id":"2581802449","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581802449","pubTimestamp":1762488823,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Australia's Pepper Money set for best week in 5 months on Westpac RAMS portfolio buy** Shares of Pepper Money Limited PPM.AX up 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Money set for best week in 5 months on Westpac RAMS portfolio buy** Shares of Pepper Money Limited PPM.AX up 11.2% so far this week, set for best week since early June ** Co extends gains from last week after it confirmed media reports of being part of a consortium buying Westpac's WBC.AX RAMS mortgage broking portfolio** On November 3, Westpac agreed to sell RAMS portfolio to a consortium, including co, KKR KKR.AX and PIMCO** Non-banking lender to acquire legal title to the loans and will be appointed as servicer of the portfolio** Stock down as much as 1.2% to A$2.45 on the day** YTD, shares surge 88.4%, including day's moves (Reporting by Aamir Shaik Khalid in Bengaluru) 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